Multiple choice

Which of the following taxes is/are levied by the Union and collected and appropriated by the states?

  1. stamp duties

  2. passenger and good tax

  3. estate duty

  4. taxes on newspapers
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Under Article 268 of the Indian Constitution, stamp duties are levied by the Union but are collected and appropriated by the States.

Keep practicing — related questions